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The latest announcement is out from My Rewards International Limited ( (AU:KLV) ).
Klevo Rewards Limited has secured approval for its wholly owned subsidiary Fly Wallet Pty Ltd to join the SWIFT network as a user under the Supervised Financial Institution category, confirming it meets regulatory and eligibility requirements for direct participation. This integration into the global financial messaging infrastructure is expected to enhance Fly Wallet’s technical capabilities and strengthen the financial backbone of Klevo’s rewards and payments ecosystem.
By connecting Fly Wallet to SWIFT, Klevo aims to bolster the expansion of its KLV Pay digital wallet and KLV Coins rewards platform, improving support for enterprise partners, merchants and members across Australia and the Asia-Pacific region. The move underpins the company’s strategy to build a next-generation rewards and payments platform that unifies digital wallets, card-linked rewards and enterprise loyalty infrastructure to make everyday transactions more rewarding for businesses and consumers.
More about My Rewards International Limited
Klevo Rewards Limited, formerly My Rewards International Limited, is an ASX-listed provider of customised, subscription-based reward and loyalty marketplaces for corporates and consumers. The company focuses on white-labelled Mastercard-powered loyalty technology, rewards, customer experience and digital marketing services, targeting enterprise and consumer engagement globally.
Average Trading Volume: 2,736,373
Technical Sentiment Signal: Hold
For an in-depth examination of KLV stock, go to TipRanks’ Overview page.